Users are able to redeem their share of recovered funds, which stand at 95,556 ether (ETH) and $43 million of the DAI stablecoin, collectively worth about $223 million based on current prices. The price of EUL, the native governance token of the Euler Protocol, has increased 2.5% in the past 24 hours, but has slid 9.4% in the past week, per CoinGecko Source
The agency authorized the regulation of a futures contract based on a bitcoin index of Matba Rofex, an Argentinian stock exchange. Original
On April 12, Yuga Labs’ ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit before most gains were wiped out in a sharp sell-off. However, the token is still trading at $10.90 apiece at the time of publication, representing a significant premium of around $4.50 compared to other exchanges. ApeCoin’s spectacular rally on Upbit Currently, the only APE trading pair listed on Upbit is BTC/APE; it represents only a tiny portion of the coin’s trading volume, with around 4 million…
The central bank governor also said regulators can’t rule out central bank digital currencies. Source
Technology can be one’s best friend or, in some cases, their worst enemy. For example, Meta and TikTok seamlessly connect millions of people with loved ones and strangers, and while the platforms are a great resource for finding information and communicating with others, there are valid concerns about violations of users’ privacy and the monetization and possible outright theft of users’ data. The same can be said for surveillance and security. There is often a gift-and-a-curse style relationship, wherein the exact surveillance tools meant to keep people safe and deter…
Programming languages are important because they are the tools that developers use to create software, applications, and websites. Different programming languages have their own syntax, structure, and functionality, making them suited for specific tasks and projects. Learning and understanding programming languages is essential for developers to write efficient and effective code, as well as to collaborate with other developers on projects. Here are five programming languages to learn for AI development. Python Python is a popular choice for artificial intelligence (AI) development due to its simplicity, readability and versatility. It…
On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate. U.S. Inflation Cools for the 9th Straight Month Investors were pleased to hear the latest U.S. Consumer Price Index (CPI) report on Monday, which noted that inflation has cooled over the last nine months. “The Consumer Price Index…
Berkshire Hathaway’s chairman and CEO said bitcoin “doesn’t have any intrinsic value … but that doesn’t stop people from wanting to play the roulette wheel.” Original
ZA Bank is also looking to offer services to Web3 crypto startups, a sector widely underserved by the banking space. Hong Kong is giving a major push to crypto adoption just at a time when US regulators have initiated a strong crackdown on crypto companies. In the latest development, Hong Kong’s largest virtual bank aka ZA Bank announced that it will allow crypto to fiat conversions. Besides, ZA Bank also noted that they would be facilitating settlements for regulated Web3 companies in Hong Kong. The company’s announcement came at Hong…
However, the advisory group – led by Chair Christopher Mirabile of Launchpad Venture Group and Vice Chair Leslie Van Buskirk, the administrator of the Wisconsin Department of Financial Institutions’ securities division – backed him on almost everything else, including that “virtually all, if not all, crypto tokens are securities and that they, as well as the platforms and custodians dealing with them, are subject to regulation under the federal securities laws.” Industry representatives have argued that most cryptocurrencies are not securities as defined under U.S. law. Source